Archive for the ‘New Economy’ Category

E-Stamp to Merge with Learn2.com, Focus on E-learning

E-Stamp Corp. is moving to jettison its transportation management solutions business and cash in on the potential of the corporate e-learning market through a merger with learning services provider Learn2.com.

Click2learn Announces First Quarter Results

For the first quarter of 2001, Click2learn reported total net revenues of $10.7 million, an increase from $9.9 million in the first quarter of 2000. Net loss for the first quarter was $4.4 million, or ($0.24) per share, compared to a net loss of $3.3 million, or ($0.20) per share, for the same period of […]

Plato Learning files to sell 2 mln shares

Educational software company Plato Learning Inc. filed with the U.S. Securities and Exchange Commission Thursday to sell 2 million shares of common stock.

Click2learn to Acquire Intelliprep Technologies, Inc

BELLEVUE, WA – Click2learn (NASDAQ: CLKS) has entered into an agreement to acquire Bellevue, Wash.-based Intelliprep Technologies Inc., a provider of technology for personalized learning, for approximately $4 million in stock. As part of the acquisition, Click2learn will integrate Intelliprep’s flagship product line, the iX Learning System, with its Ingenium Learning Management System and ReDS […]

Microsoft Funds Web-Based Education Firm

SAN FRANCISCO (Reuters) – Software giant Microsoft Corp. (NasdaqNM:MSFT – news) on Monday joined a $48 million investment round for Blackboard Inc., which provides software for online education providers.

Centra Acquires Online E-Learning Firm MindLever

LEXINGTON, MA – Centra (NASDAQ: CTRA), a provider of software and ASP services for live eLearning and business collaboration, today announced an agreement to acquire MindLever, a provider of management systems for learning content. Based in Raleigh, North Carolina, MindLever pioneered the first, standards-based solution for creating, storing, and delivering live and self-paced learning content […]

Digital Learning Interactive secures $13.85 million in second round

Medford-based Digital Learning Interactive Inc., a provider of Web-based interactive learning software for colleges, has raised $13.85 million in a second round of funding.

International Datacasting Announces Year-End Results: Revenues Increased by 40% and Continued Profitability

OTTAWA–(BUSINESS WIRE)–April 4, 2001–International Datacasting Corporation (TSE:IDC. – news) announced its operating results for the fiscal year ending January 31, 2001.

Achieva Acquires TestTakers.com

SAN MATEO, Calif., — Achieva College Prep Programs(www.achieva.com), the leading comprehensive online college prep service for schools, today announced the acquisition of TestTakers.com(www.testtakers.com), the leader in online test preparation services. The acquisition marks consolidation in the online learning market, a category that is currently experiencing enormous momentum. Achieva will use the acquisition to scale its […]

Losses mount for corporate VC programs

Investment pullback could snuff hundreds of start-ups